Bloomberg launches new Fixed Income Quotation Transparency product
At the end of 2021, Bloomberg announced the launch of its Fixed Income Quotation Transparency product to help broker-dealers with information that can be integrated into their compliance program. This product is to help identify income securities that may be impacted by a new SEC Rule. In October 2020, the SEC Rule 15c2-11 requires broker-dealers to review certain current and publicly available information about an issuer of security not listed on a US exchange prior to initiating quotations for the security on a quotation medium.
Balance Sheet|New Activity|StructuralIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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